January 10/Toronto/Marketwire -- BioExx Specialty Proteins Ltd. announced that Henry Linsert Jr. has been appointed to its board of directors to add additional, and direct, industry expertise and depth. The company has also accepted the retirement of Paul McClory from the board of directors, following more than 13 years involvement with the genesis and evolution of BioExx. The company further announces that it has selected KPMG LLP to serve as the company's independent auditor commencing with fiscal year 2011.
Appointment of New Director
Linsert, who is based near Washington, D.C., founded Columbia Biosciences Corporation in 2007 to develop new uses for algal fluorescent proteins and new purification technology to improve the performance of proteins and antibodies for therapeutics, diagnostics and biochemical reagents.
Prior to Columbia, Linsert was chairman of the board and chief executive officer of Martek Biosciences Corporation from 1989 to 2006. As CEO, he led Martek from being a small private R&D company, to a profitable Nasdaq-listed company with a market capitalization of over $1 billion. In 2006 he also received the Ernst & Young Entrepreneur of the Year Life Sciences Award for the Washington, DC area and was a national runner-up for the same category. His tenure included construction and operation of multiple new processing facilities for the world's first production of DHA from micro-algae and ARA from natural fungi, to provide essential omega-3 and omega-6 fatty acids, and introducing these products to global infant nutrition markets. Linsert retired in 2006 as CEO, remaining as chairman until mid-2007.
Prior to Martek, Linsert was primarily engaged in the development and financing of early-stage companies in the Mid-Atlantic area in a variety of roles, including having been CEO of venture capital company Suburban Capital Corp, which was subsequently acquired by Bank of America, and as vice president of First Virginia Bank. Linsert also served as a captain in the U.S. Marine Corps.
Linsert received an M.A. in economics from George Washington University in 1970 and a B.A. in economics from Duke University in 1963. In 2009, he was one of the three inductees in the Space Technology Hall of Fame. He currently serves on the review committee of the US National Academies of Sciences for Technology, Innovation and Entrepreneurship.
From the January 24, 2011, Prepared Foods E-dition